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More bad jobs news coming out of BR.

Posted on 10/2/19 at 4:45 pm
Posted by doubleb
Baton Rouge
Member since Aug 2006
43060 posts
Posted on 10/2/19 at 4:45 pm
BR metro loses over 2500 construction jobs since August of 2018.
quote:

The Baton Rouge metro area saw the second-largest dip in construction jobs in the U.S. between August 2018 and August 2019—a period when construction employment was on the rise in most metro areas, according to a recent analysis of federal employment data released today by the Associated General Contractors of America.


BR metro unemployment rate dropped though, but it’s not because more folks are working.

quote:

Generally, local unemployment is down 0.3% from 2018. But it’s happening amid a dwindling civilian labor force, most recently totaling 416,645—down some 1,600 workers from a year ago.


LINK

I can’t wait for them to get Jindal out of office.

This post was edited on 10/2/19 at 4:46 pm
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 10/2/19 at 4:46 pm to
Being unemployed and a SJW is the way to go. Look at Gravy.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132620 posts
Posted on 10/2/19 at 4:47 pm to
Unemployment number is meaningless without knowing the number of people in workforce
Posted by Brosef Stalin
Member since Dec 2011
42600 posts
Posted on 10/2/19 at 4:50 pm to
quote:

Generally, local unemployment is down 0.3% from 2018.

JBE will use this to win re-election because the voters here are stupid.
Posted by doubleb
Baton Rouge
Member since Aug 2006
43060 posts
Posted on 10/2/19 at 4:51 pm to
quote:


Unemployment number is meaningless without knowing the number of people in workforce



Yes, having a lower unemployment figure but a shrinking workforce isn’t good.
Posted by arseinclarse
Member since Apr 2007
35469 posts
Posted on 10/2/19 at 4:52 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74705 posts
Posted on 10/2/19 at 4:53 pm to
JBE hasn’t been terrible (I don’t support his re-election though)

But his economic track record in the state is abysmal

One of the worst Econ records of any governor in the nation
Posted by TBoy
Kalamazoo
Member since Dec 2007
29122 posts
Posted on 10/2/19 at 4:54 pm to
quote:

Yes, having a lower unemployment figure but a shrinking workforce isn’t good.


And how did the governor cause this exactly?
Posted by tommy2tone1999
St. George, LA
Member since Sep 2008
7838 posts
Posted on 10/2/19 at 4:55 pm to
THANKS JBE and Together Baton Rouge

ETA: Aww look there's my little downvote stalker again. hey there little guy!
This post was edited on 10/2/19 at 5:21 pm
Posted by arseinclarse
Member since Apr 2007
35469 posts
Posted on 10/2/19 at 4:55 pm to
quote:

One of the worst Econ records of any governor in the nation



quote:

But his economic track record in the state is abysmal


quote:

JBE hasn’t been terrible


Posted by Oilfieldbiology
Member since Nov 2016
42734 posts
Posted on 10/2/19 at 4:56 pm to
By raising taxes state wide as well as putting tax break control into the hands of tax hungry groups instead of his own
Posted by TBoy
Kalamazoo
Member since Dec 2007
29122 posts
Posted on 10/2/19 at 4:57 pm to
quote:

By raising taxes state wide as well as putting tax break control into the hands of tax hungry groups instead of his own


So you think the small sales tax increase that the legislature passed caused a drop in construction jobs in the Baton Rouge metro market? Wow. That's quite a leap.
Posted by Jim Rockford
Member since May 2011
106059 posts
Posted on 10/2/19 at 4:58 pm to
I know the poliboard has sunk deep into paranoia and no sane person wants to venture over there, but discussions about the governor's race belong on it, not the OT.
Posted by teke184
Zachary, LA
Member since Jan 2007
105168 posts
Posted on 10/2/19 at 4:59 pm to
The image it puts across that EBR will frick you however it can doesn’t help spur development.
Posted by TBoy
Kalamazoo
Member since Dec 2007
29122 posts
Posted on 10/2/19 at 5:00 pm to
quote:

image it puts across that EBR


So it's voodoo? ok. Whatever.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6205 posts
Posted on 10/2/19 at 5:02 pm to
What were the numbers pre flood? Could this be a contributing factor to the loss of jobs?
Posted by teke184
Zachary, LA
Member since Jan 2007
105168 posts
Posted on 10/2/19 at 5:02 pm to
More like the reverse of “voodoo economics”.

Without organizations willing to expand, jobs associated with them such as selling supplies, transportation, etc, don’t materialize.


fricking over Exxon for a small tax break impacts significantly more jobs downstream as a result.
Posted by Oilfieldbiology
Member since Nov 2016
42734 posts
Posted on 10/2/19 at 5:07 pm to
Every time someone says a small tax this or small tax that, they don’t realize that margins matter, and most small and some large business operate on very minor margins.

Yes, I think increasing a tax coupled with a business climate that seems to be down right hostile to small business and the litigious nature of our state gives potential business owners doubts about whether or not to start a company, even an LLC, in this state and in this city.

JBE being a former trial lawyer also puts off the perception that this state will remain having higher rates of lawsuits than just about every other state. I don’t know if that’s true or not, but perception is a powerful thing.


I type all this to get to this point, small business and medium sized business choosing not to locate or open up in BR will result in lower construction jobs, and with tighter margins and budgets due to “minor” sales tax increases people may be less willing to invest in building or renovating a space for business, their home, or whatever.

It has been shown time and time again that taxes, even minor ones, do cause some slow down in financial spending.
Posted by Brummy
Central, LA
Member since Oct 2009
4676 posts
Posted on 10/2/19 at 5:10 pm to
quote:

What were the numbers pre flood? Could this be a contributing factor to the loss of jobs?

Possibly some, but I would venture that most of the flood rehab had been completed by August 2018. What hadn't been completed by then was probably mostly DIY'rs, but that's just my own observations.
Posted by Panny Crickets
Fort Worth, TX
Member since Sep 2008
5596 posts
Posted on 10/2/19 at 5:13 pm to
quote:

discussions about the governor's race belong on it, not the OT.


Now do wrestling talk.
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